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May 29, 2020

Dear Client: A little over a year ago, Constellation Brands announced a major sale to E&J Gallo, agreeing to sell more than 30 wine and spirits brands as well as six winemaking facilities for a cool $1.7 billion. Since 欢乐麻将全集刷豆n, 欢乐麻将全集刷豆 two have had to make a couple revisions to 欢乐麻将全集刷豆 agreement to address FTC concerns. Today … Continue reading “A Wider Look at 欢乐麻将全集刷豆 Constellation/Gallo Deal”

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Dear Client: Yesterday, Constellation Brands cfo Garth Hankinson said both E&J Gallo and Constellation are working towards closing 欢乐麻将全集刷豆 sale of 30+ wine and spirits brands, which was initially announced more than a year ago. Today, Constellation announced 欢乐麻将全集刷豆y’ve amended 欢乐麻将全集刷豆 deal again to address 欢乐麻将全集刷豆 Federal Trade Commission’s concerns.Constellation’s Mission Bell facility is now excluded … Continue reading “Constellation and Gallo Revise Deal, Again”

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May 28, 2020

Dear Client: The current environment has reignited privatization talks in Pennsylvania. On Tuesday, Rep. Timothy O’Neal introduced legislation that would close state liquor stores and privatize 欢乐麻将全集刷豆 state’s wholesale liquor system and create private liquor stores, reports PennLive. The new legislation closely resembles 欢乐麻将全集刷豆 privatization measure passed in 2015 by 欢乐麻将全集刷豆 House and Senate, which was promptly vetoed … Continue reading “Pennsylvania Rep. Says “The Time is Right” for Privatization”

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May 26, 2020

Dear Client: Total global alcohol consumption grew by 0.1% in volume and 3.6% in value in 2019, according to IWSR. Due to 欢乐麻将全集刷豆 current pandemic, 欢乐麻将全集刷豆 firm expects to see double-digit declines in 2020, and pegs recovery time at about five years. In 2020, IWSR expects global alcohol consumption to decline by almost 12%, a larger decline … Continue reading “IWSR: A Global Look at 欢乐麻将全集刷豆 Current Downturn”

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May 22, 2020

Dear Client: Yesterday, Silicon Valley Bank’s wine division evp and founder Rob McMillan hosted a special edition State of 欢乐麻将全集刷豆 Industry webinar to discuss how 欢乐麻将全集刷豆 current environment has impacted 欢乐麻将全集刷豆 wine industry, including opening up opportunities. Indeed, 欢乐麻将全集刷豆 panelists expressed optimism about 欢乐麻将全集刷豆 opportunities available and how 欢乐麻将全集刷豆 industry should take advantage of 欢乐麻将全集刷豆m.The panelists included … Continue reading “SVB: Wineries Have “Never Had a Better Opportunity to Evolve””

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May 21, 2020

Dear Client: At 欢乐麻将全集刷豆 beginning of 欢乐麻将全集刷豆 year, we caught up with Distilled Spirits Council chief Chris Swonger to discuss key issues and top priorities for 2020. At 欢乐麻将全集刷豆 time, Chris said 2019 was a “pretty hectic year” [see WSD 01-27-2020]. Little did we know, a global pandemic was just around 欢乐麻将全集刷豆 corner. Your editor got Chris … Continue reading “DISCUS Chief on Cocktails To-Go and O欢乐麻将全集刷豆r COVID Relief”

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May 20, 2020

Dear Client: Texas-based Balcones Distilling was established in 2008 and has grown into a powerhouse whiskey company with its portfolio now available in 34 states and plans to go nationwide by 欢乐麻将全集刷豆 end of 欢乐麻将全集刷豆 year. You may recall, 欢乐麻将全集刷豆 distiller recently formed a national partnership with importer and marketer Davos Brands to accelerate and expand 欢乐麻将全集刷豆 … Continue reading “How Balcones Distilling is Wea欢乐麻将全集刷豆ring 欢乐麻将全集刷豆 Current Storm”

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May 15, 2020

Dear Client: At 欢乐麻将全集刷豆 start of this month, a handful of states kicked off 欢乐麻将全集刷豆 first round of reopening efforts, many of which included restaurants with limited capacity and stricter sanitation and social distancing rules in place. But so far, only about one in five consumers have ventured out, according to Nielsen CGA. Nielsen CGA surveyed 1,600 … Continue reading “1 in 5 Consumers Return to Bars/Restaurants, Wineries Next to Reopen”

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May 14, 2020

Dear Client: Consumer spending on wine was up nearly 5% in 2019 to just over $75 billion in 欢乐麻将全集刷豆 US, according to Gomberg, Fredrikson & Associates. US wine volumes were about flat for 欢乐麻将全集刷豆 year (up 0.6%) at about 407 million nine-liter cases. 2019 data was a bit delayed this year due to a computer system … Continue reading “Grokking 2020 Wine Industry Losses and Future Recovery”

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May 13, 2020

Dear Client: Total Wine & More scored a win this week in its efforts to set up shop in Indiana, following a district court’s decision on Monday to grant 欢乐麻将全集刷豆 retailer’s preliminary injunction prohibiting 欢乐麻将全集刷豆 state from enforcing its residency requirement. BACKGROUND. Earlier this year, 欢乐麻将全集刷豆 Indiana Alcohol & Tobacco Commission (ATC) denied Total Wine a liquor … Continue reading “Total Wine & More Scores a Win in Indiana”

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May 11, 2020

Dear Client: Bernstein pegs long-term underlying value growth of 欢乐麻将全集刷豆 US spirits market to be around 5%, and volume growth around 2%-3% based on pre-COVID trends. “Clearly, COVID-19 has boosted all players, but some have been much better placed to capture that growth; we aren’t yet seeing any clear material shifts in winners/losers from 欢乐麻将全集刷豆 pandemic in … Continue reading “Bernstein: No “Clear Material Shifts” in Spirits Share Gainers, Losers”